Read our coronavirus circulars
Ship Management International column - May the force majeure be with you
Due to COVID-19, ITIC is often asked what a ship manager's liability is in situations such as crew being unable to clear through port immigration as a result of the various port restrictions we now see, and in particular, if such circumstances form a force majeure event. In this article, Robert Hodge discusses delivering on your crew against the backdrop of COVID-19.
ITIC circular: Coronavirus loss prevention checklist
A business loss prevention checklist in the time of Coronavirus...
ITIC circular: COVID-19: Air charter brokers advised to check contracts
ITIC would like to remind all air charter brokers of the importance of checking - and double-checking - that all charter contracts with the flying customer are on a fully back-to-back basis with the operator’s terms. This is all the more important during this time of unprecedented restrictions on travel, both domestic and international.
ITIC circular: Ship valuation wordings and the Coronavirus outbreak
In the aftermath of the financial crisis of 2008 brokers providing valuations included additional wording in their certificates reflecting the state of the market. These generally pointed out that the lack of comparable sales made the assessment of values uncertain.
ITIC circular: issues with receiving original bills of lading
During this extraordinary time of lockdowns around the world, there will be issues with receiving the original bills of lading. Port agents may be asked by consignees to deliver goods to them without providing a bill of lading in return.
Maintaining business continuity and managing risk during the COVID-19 outbreak
In response to the COVID-19 outbreak all ITIM staff are now working from home. ITIC remains fully operational during this time.